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Addressing the Natural Resource Curse

Addressing the Natural Resource Curse »

Source: Addressing the Natural Resource Curse : An Illustration From Nigeria

Volume/Issue: 2003/139

Series: IMF Working Papers

Author(s): Arvind Subramanian , and Xavier Sala-i-Martin

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2003

ISBN: 9781451856064

Keywords: institutions, growth, natural resource, oil revenues, oil prices, natural gas, Economywide Country Studies: Africa, Comparative Studies of Countries, Economic Growth and Aggregate Productivity, Economywide Country Studies,

Some natural resources-oil and minerals in particular-exert a negative and nonlinear impact on growth via their deleterious impact on institutional quality. We show this result to be very robust. The Nigerian exper...

Growth in the Middle East and North Africa

Growth in the Middle East and North Africa »

Source: Growth in the Middle East and North Africa

Volume/Issue: 2004/56

Series: IMF Working Papers

Author(s): Dalia Hakura

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2004

ISBN: 9781451847734

Keywords: Middle East and North Africa, institutions, conflicts, oil countries, terms of trade, tfp, growth rates, Economywide Country Studies: Asia including Middle East, General, Economywide Country Studies,

This paper analyzes the weak growth performance in the Middle East and North Africa (MENA) region during 1980-2000 using an empirical model of long-run growth. The relative importance of the factors affecting growt...

Political Instability and Growth

Political Instability and Growth »

Source: Political Instability and Growth : The Central African Republic

Volume/Issue: 2004/80

Series: IMF Working Papers

Author(s): Dhaneshwar Ghura , and Benoît Mercereau

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2004

ISBN: 9781451850338

Keywords: Political instability, Conflicts, terms of trade, neighboring countries, trade shocks, Economywide Country Studies: Africa,

This paper provides empirical evidence that the propensity for political instability in the Central African Republic (C.A.R.) has been increased by low tax revenues and deteriorations in the terms of trade. The dir...

When is Economic Growth Pro-Poor? Experiences in Malaysia and Pakistan

When is Economic Growth Pro-Poor? Experiences in Malaysia and Pakistan »

Source: When is Economic Growth Pro-Poor? Experiences in Malaysia and Pakistan

Volume/Issue: 2002/85

Series: IMF Working Papers

Author(s): Mahmood Khan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2002

ISBN: 9781451850765

Keywords: domestic savings, growth rate, rapid economic growth, export earnings, Development Planning And Policy, Economywide Country Studies,

This paper focuses on two central issues related to the contrasting experiences of Malaysia and Pakistan regarding poverty reduction. First, it examines the structure of economic growth and its proximate determinan...

How Does Political Instability Affect Economic Growth?

How Does Political Instability Affect Economic Growth? »

Source: How Does Political Instability Affect Economic Growth?

Volume/Issue: 2011/12

Series: IMF Working Papers

Author(s): Ari Aisen , and Francisco José Veiga

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2011

ISBN: 9781455211906

Keywords: political instability, growth accounting, gdp per capita, tfp, ethnic homogeneity, Economywide Country Studies: General,

The purpose of this paper is to empirically determine the effects of political instability on economic growth. Using the system-GMM estimator for linear dynamic panel data models on a sample covering up to 169 coun...

Sources of Growth in Sub-Saharan Africa

Sources of Growth in Sub-Saharan Africa »

Source: Sources of Growth in Sub-Saharan Africa

Volume/Issue: 2004/176

Series: IMF Working Papers

Author(s): Brou Aka , Bernardin Akitoby , Amor Tahari , and Dhaneshwar Ghura

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2004

ISBN: 9781451858846

Keywords: Growth Accounting, Growth Prospects, tfp, real gdp, gdp growth, economic growth, Economywide Country Studies: Africa,

Analysis of 1960-2002 data shows that average real GDP growth in sub-Saharan Africa was low and decelerated continuously before starting to recover in the second part of the 1990s. Growth was driven primarily by fa...

Macroeconomic Challenges with EU Accession in Southeastern Europe

Macroeconomic Challenges with EU Accession in Southeastern Europe »

Source: Macroeconomic Challenges with EU Accession in Southeastern Europe : An Overview

Volume/Issue: 2006/40

Series: IMF Working Papers

Author(s): Piritta Sorsa

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2006

ISBN: 9781451863000

Keywords: exchange rate, inflation, macroeconomic stability, monetary policy, exchange rate anchor, Economywide Country Studies: Europe,

The paper reviews key macroeconomic challenges with EU accession in Southeastern Europe (SEE). Most of the countries in the region are years away from EU accession and need substantial progress to meet the key macr...

Monetary Policy Transmission in Mauritius Using a VAR Analysis†

Monetary Policy Transmission in Mauritius Using a VAR Analysis† »

Source: Monetary Policy Transmission in Mauritius Using a VAR Analysis

Volume/Issue: 2010/36

Series: IMF Working Papers

Author(s): Charalambos Tsangarides

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2010

ISBN: 9781451962789

Keywords: VAR, inflation, money supply, money stock, monetary transmission, Economywide Country Studies: Africa,

Applying commonly used vector autoregression (VAR) techniques, this paper investigates the transmission mechanism of monetary policy on output and prices for Mauritius, using data for 1999-2009. The results show th...

Post-Crisis Fiscal Policy Priorities for the ASEAN-5

Post-Crisis Fiscal Policy Priorities for the ASEAN-5 »

Source: Post-Crisis Fiscal Policy Priorities for the ASEAN-5

Volume/Issue: 2010/252

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2010

ISBN: 9781455209521

Keywords: fiscal space, expenditure, public spending, public debt, Economywide Country Studies: Asia including Middle East, And Finance,

This paper focuses on post-crisis fiscal priorities in the ASEAN-5 economies - Indonesia, Malaysia, Philippines, Singapore and Thailand. Sound economic fundamentals and timely and forceful policy responses to the c...

Assessing Competitiveness After Conflict

Assessing Competitiveness After Conflict »

Source: Assessing Competitiveness After Conflict : The Case of the Central African Republic

Volume/Issue: 2006/303

Series: IMF Working Papers

Author(s): Mark Lewis , Jean-Claude Nachega , Said Bakhache , and Kadima Kalonji

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2006

ISBN: 9781451865639

Keywords: Competitiveness, transport costs, exchange rate, exchange rates, transport cost, real exchange rates, Economywide Country Studies: Africa,

This paper assesses competitiveness in the case of the Central African Republic, a postconflict country. The paper presents several conventional techniques for assessing competitiveness, namely the real exchange ra...